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Jan 1, 2013
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biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session, the washington times reports that the country technical felt that this will cut. there is still little bit of time. -- allen in fairfield, illinois, republican caller. all of let's get rid of congress, fire them, vote them out of office. host: why is that? caller: they are not doing them -- doing what we want them to. host: which is what? caller: to the deficit down, and do what we put them in there to do. host: how should that be done, alan? caller: i'm not sure about that. host: social security, medicare, medicaid? caller: they should be on the
biden made his way with the senate majority leader. there he is, making his way to a caucus meeting, where vice- president biden tried to sell the steel to his members, and he was able to get a majority of democrats to vote for this deal, all but three. the ap at this photo of the vice-president after that caucus meeting with all the rank-and- file. he came out and game -- and gave a thumbs-up after he was able to talk to the rank and file. there he is. even though the house was on a session,...
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Dec 31, 2012
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the biden offer has this in it
the biden offer has this in it
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Dec 29, 2012
12/12
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vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began, several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader, myself and the white house, in t hopes
vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new...
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Dec 28, 2012
12/12
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vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new year. and a proposal would delay any spending cuts. the president asked for an up or down vote on his plan unless there is a counter proposal that will pass both the house and senate. a little more than an hour after the meeting began several participants were seen leaving. >> and back at the capital the senate's democratic majority leader harry reid and republican minority leader mitch mcconnell offered their takes on the meeting. >> we had a good meeting down at the white house. we are engaged in discussions, the majority leader myself and the white house, in the hopes
vice president biden and treasury secretary timothy geithner also attend. but there was little to suggest the makings of an 11th hour bargain. a source familiar with the meeting told the newshour its president is sticking with his offer from last friday. it included keeping the bush era tax break force the middle class but raising tax rates on incomes over 250,000 dollars a year. president also wants to extend unemployment benefits for some 2 million americans who will lose them in the new...
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Jan 1, 2013
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the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert who is on the hill and where things stand. first, let's listen into the start of this session. >> the speakers are in washington d.c., january 1, 2013. i hereby hereby appoint the honorable robert j. dole to act as speaker in temporary on this day, signed john a. boehner, speaker of the house of representatives. >> the prayer will be offered by our chaplain father conroy. >> let us pray. eternal god, we give you thanks for giving us another day, a new year. the political struggles of the past year have revealed the divisions that exist in our nation. there are many american citizens who are angry,
the democrats are said to be going in now and that vice president joe biden who, of course, was key in making the senate deal happen, will be in that caucus, we're told. big questions, though, still outstanding. when might the house vote on this deal? can speaker boehner come up with the votes to pass it? or will republicans try to amend it and end send it back. good day. happy new year. i'm chris jansing. there are a lot of moving parts on capitol hill. let's get right to nbc's luke russert...
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Jan 1, 2013
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that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed. >> bret: i agree with you. this is actually a long meeting at 10:40 when you are supposed to potentially move legislation to the senate floor tonight to take action potentially for the house to act tomorrow. stephen dinal with the washington times. thank you very much. i'm getting a lot of tweets from people who just are tired of fiscal cliff coverage. they just want to see megyn kelly and bill in times square dancing gangnam style or whatever they are doing. >> happy new year. >> take me out of fiscal cliff, washington. >> see yew in a minute, bret. happy ne
that is exactly what vice president biden is hearing right now. the key question is how deep and how broad that is. it will be interesting to see whether they come out of this meeting thinking that they need to rewrite a couple of points in the bill which would put off any deal tonight yet again. if they have to go back to republicans because of what they are hearing in the room that is bad news fora deal and you suspect the longer this goes on the more likely that is what is being discussed....
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Dec 24, 2012
12/12
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the president has appointed vice president biden to come up with a task force to look of the issues. the president says that he promises real reforms now, but what are the odds on that? >> realistically, we can see a ban on assault weapons. whether that will address the problem, i do not think so. the problem is beyond the assault weapons. charles pointed out, in the post, there are some weapons out there now. there are thousands out there already in the community. >> and sales have gone up since this. >> that is all true but certainly we could do something about the size of these clips. having said that, we need to do something about our mental health system in this country. it is completely fallen apart. after the shootings at virginia tech, in the state of virginia, that appropriated $43 million more for mental health services. the next year, they cut it by $50 million. you cannot have a system that does not treat people. you cannot have a system that does not do something about committing people for -- more easily for periods of time to be able to treat them. it does not work. on
the president has appointed vice president biden to come up with a task force to look of the issues. the president says that he promises real reforms now, but what are the odds on that? >> realistically, we can see a ban on assault weapons. whether that will address the problem, i do not think so. the problem is beyond the assault weapons. charles pointed out, in the post, there are some weapons out there now. there are thousands out there already in the community. >> and sales have...
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Dec 31, 2012
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it's led by joe biden. he has already convened it twice. he has met with law enforcement officials, with mayors, and more excitingly, you've got people on the hill already announcing bills that are going to put forward on day one of the new congress. we've got senator feinstein proposing an assault weapons ban. we've got someone else with a high capacity ammunition clips. think it's maybe lautenberg, and you have the president publicly saying now that he supports those bills. this is the most momentum to date. this is the most we're going to see for a while. they have to build now or go home. >> that's the question. we go back to the question of capitol hill gridlock, and as much as people want to sort of talk about the issue and it makes everyone feel good to say they're on the right side of the issue, but can something like this get through the house of representatives? >> two dirty secrets. the first one is the white house before the election is actually going to do something on gun control if he got re-elected. second dirty secret is yo
it's led by joe biden. he has already convened it twice. he has met with law enforcement officials, with mayors, and more excitingly, you've got people on the hill already announcing bills that are going to put forward on day one of the new congress. we've got senator feinstein proposing an assault weapons ban. we've got someone else with a high capacity ammunition clips. think it's maybe lautenberg, and you have the president publicly saying now that he supports those bills. this is the most...
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stagnated since the late seventy's early eighty's and this labor battle on the east coast is to quote joe biden b f d joining me now is richard wolffe economist and author of numerous books including his latest democracy a work of cure for capitalism after wolf welcome back thank you ray in your mind what does the struggle on the east coast all about. well it's a classic example of a kind of endgame in which years of suppressing wage increases of keeping down the wages of american workers well below the increased productivity they've achieved boosting profits at the expense of the income of workers finally wants to take the last step i mean the dock workers are an unbelievable example forty years ago there were thirty five thousand of them working on the ports of the east coast today there are thirty five hundred that's a drop of ninety per cent they move more freight with fewer people than ever before they work well they work efficiently they won a small piece of the extra productivity their labor generates and corporate profits come first and so they're being squeezed and pressed to make the
stagnated since the late seventy's early eighty's and this labor battle on the east coast is to quote joe biden b f d joining me now is richard wolffe economist and author of numerous books including his latest democracy a work of cure for capitalism after wolf welcome back thank you ray in your mind what does the struggle on the east coast all about. well it's a classic example of a kind of endgame in which years of suppressing wage increases of keeping down the wages of american workers well...
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Jan 1, 2013
01/13
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he had the able efforts of his vice president, joe biden, as well, to help in this effort. last night vice president biden came back to his home, the united states national, where he served for 36 years, and spoke to the senate democrats about the importance of this vote. it was almost an hour and a half on new year's eve, somewhat surreal, as we gathered some away from their spouses for the first time in decades, for this important vote and for an hour and a half we spoke and asked questions of the vice president and expressed our feelings. and you could sense during the course of thew meeting an emerging consensus among the democratic senators. in the end, there were all but three of the democratic senators who voted in favor of this measure. there are parts of it that many of us disagree with, even today, but we understand that is the nature of compromise, that part of what you have to accept may not be popular with you, but you have to be willing to compromise to solve problems. when we look at the issues that were before us, i think we made some significant progress. t
he had the able efforts of his vice president, joe biden, as well, to help in this effort. last night vice president biden came back to his home, the united states national, where he served for 36 years, and spoke to the senate democrats about the importance of this vote. it was almost an hour and a half on new year's eve, somewhat surreal, as we gathered some away from their spouses for the first time in decades, for this important vote and for an hour and a half we spoke and asked questions...
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Dec 31, 2012
12/12
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. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a deal in place, but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> i want everyone know i'm willing to get this done but i need a dance partner. >> some progress was made sunday when they dropped a proposal to slow social security growth but the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000 while many congressional republicans have pushed back on any increase in taxes. >> they say that the biggest priority is making sure that we deal with the deficit in a serious way
. >> good morning, terrell, vice president joe biden is now in on negotiations. senate minority leader mitch mcconnell reached out to him sunday night after talks with democrats stalled. but with just hours go until this deadline there are still obstacles standing in the way of even a watered down agreement. lawmakers left the capitol sunday night without a deal in place, but leaders from both parties expressed their willingness to continue working. >> there's still significant...
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Dec 24, 2012
12/12
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the joe biden thing, we underestimate him. he's a sitting vice president. >> vice president of the united states. >> vice president of the united states. >> a secret weapon out there. >> it's a weird thing. >> he is very good on the -- people -- he gets caricatured. if you watch him in -- on the stump, he's very good at connecting. >> look. >> he is. he does make mistakes. >> you loved him. >> i disagree. >> you love to mock him. you think he's a joke and done? >> i think he's been built in to the obama organization and how he flourished. i think he has a lot of people in the media that like him. i think if this were -- i hate to play my media bias card but as a republican caricatured much worse than he really is and i just don't see him having -- to stephanie's point, you cannot sort of borrow or live off of or be an heir to somebody else's organization. >> bush temporarily did it with reagan in '88 and didn't hold. >> nowadays you have to build and manage and own your own organization. >> i agree with that. there is no heir
the joe biden thing, we underestimate him. he's a sitting vice president. >> vice president of the united states. >> vice president of the united states. >> a secret weapon out there. >> it's a weird thing. >> he is very good on the -- people -- he gets caricatured. if you watch him in -- on the stump, he's very good at connecting. >> look. >> he is. he does make mistakes. >> you loved him. >> i disagree. >> you love to mock him. you...
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. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again later today and we are talking about something small here if anything a continuation of the busheir raw tax cuts for most americans and renewal of long-term unemployment benefits. but payroll taxes will probably go up tomorrow for everyone. that's a big hit for paychecks and sec quest tore automatic cuts would take place. the markets investors are skiddish not knowing what's going to happen as a result of the midnight deadline. back to you guys. >> thank you very much doug luzader live from washington. we will check back with you. time for a look at who i
. >> could joe biden be the fix? he appears to be taking over for democrats after a counteroffer to prevent a big tax hike is met by silence. harry reid says democrats couldn't respond. >> there is still significant difference between the two sides but negotiations continue. there's still time left to reach an agreement and we intend to continue negotiations. >> i am willing to get this done but i need a dance partner. >> so the senate will try to work on this again...
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go biden. i like this. cinc is a network. >> king is an independent. >> that's what i'm going to be watching. >> do you see the ce,of the servetive movement? >> i think it's hard for jim demint -- it's like this aol time warner merger. it makes a lot of sense on paper. we'll be able to overcome some of the institutional challenges. it's something that's out in the -- the think tank worl. >> we'll have more from the gaggle coming up. plus, the six-year itch,it's a bedrock of conventional wisdom. or is it just a made-up thing? second term president, supposedly struggling in his midterm. we'll let you know whether you think it's real or simply a coincidence. but, first, our special trivia question. who was the first president and who is the most recent president to officially start a term on a sunday? the answer and more is coming up on the daily rundown. we'll be right back. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing.
go biden. i like this. cinc is a network. >> king is an independent. >> that's what i'm going to be watching. >> do you see the ce,of the servetive movement? >> i think it's hard for jim demint -- it's like this aol time warner merger. it makes a lot of sense on paper. we'll be able to overcome some of the institutional challenges. it's something that's out in the -- the think tank worl. >> we'll have more from the gaggle coming up. plus, the six-year itch,it's a...
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Jan 1, 2013
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we're expecting vice president joe biden may come up here at some point. senate democrats are telling us they expect that to be the case. there is some evidence of heart burn on the left some democrats who don't love the tax figure where it is set. they were hoping raising taxes on those making $250,000 and couples making more than 2506789 it looks like 450. but a retiring senate republican says it's a compromise. it's probably a fair deal. it's not something any of us would say i love it, i don't love it. but i think it is a good job of negotiating where there are some wins and some laws. >> so bottom line, there is still work ahead here in the senate tonight. if it were to pass at some point later tonight, then the house would take it up tomorrow, trace. >> trace: mike, got to be a number of lawmakers fed up with the whole process. >> that's absolutely right. we heard a number of lawmakers saying it's december 31st, we could have worked this out long ago. here is one house democrats complain speaker, the american people are looking at congress with disda
we're expecting vice president joe biden may come up here at some point. senate democrats are telling us they expect that to be the case. there is some evidence of heart burn on the left some democrats who don't love the tax figure where it is set. they were hoping raising taxes on those making $250,000 and couples making more than 2506789 it looks like 450. but a retiring senate republican says it's a compromise. it's probably a fair deal. it's not something any of us would say i love it, i...
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can you say joe biden and rich mcconnell. we will have details with that get the inside story from chad who has done an incredible job refuse to go sleep for the last 300 days until this deal is done. will he bring the signed story from where we are headed from here and why is the president so happy and republicans upset. juliet is here, steve is here. these are her shoes. she only has won. left foot or right foot. sweet us now. back in a moment. : >> seven minutes till the top of the hour. >> quick headlines the faa announcing it will inspect 109 boeing 737 airplanes. it comes after a hole tore open the top of a southwest airlines plane mid flight. the inspections could cost $5.2 million. folks in concorde, massachusetts are saying good-bye to 2012 and to bottled water. a new ban on selling the single serving plastic water bottles went into effect today. it's all part of an effort to cut back on waste. the store is caught selling the bottles face a $50 fine. >>> just a short time ago we range in 2013, but along with the new
can you say joe biden and rich mcconnell. we will have details with that get the inside story from chad who has done an incredible job refuse to go sleep for the last 300 days until this deal is done. will he bring the signed story from where we are headed from here and why is the president so happy and republicans upset. juliet is here, steve is here. these are her shoes. she only has won. left foot or right foot. sweet us now. back in a moment. : >> seven minutes till the top of the...
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act and acted with 89 affirmative votes for the tough deal that leader mcconnell and vice president biden struck. only to have a rebellion in the house republican conference. now that conference is in discussions right now, as we speak. they went into a meeting about 45 minutes ago. they haven't emerged yet to try to find a way forward. as for amending the bill which so many house conservatives say they are demanding right now, the senate has made clear, senate democratic aides have made clear they're done. if the house amends that bill they will not touch it. they'll relitigate this somehow in the new congress. >> woodruff: is it the case that most republicans in the house are against this? are you able to get a read on how widespread the opposition is? >> it is the case that most house republicans are against it. that doesn't mean that all would vote against it. the dynamic you have here now is fairly broad support from democrats in the house. leader nancy pelosi and other democratic leaders calling for an up-or-down vote on the senate-passed bill. that tells you something. that tells y
act and acted with 89 affirmative votes for the tough deal that leader mcconnell and vice president biden struck. only to have a rebellion in the house republican conference. now that conference is in discussions right now, as we speak. they went into a meeting about 45 minutes ago. they haven't emerged yet to try to find a way forward. as for amending the bill which so many house conservatives say they are demanding right now, the senate has made clear, senate democratic aides have made clear...
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Dec 28, 2012
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on the democratic side, vice president biden, secretary of state, hillary clinton, bennett, jerry brown, elizabeth warren, and angus king who is an independent but will caucus with the democratics on the republican side. marco rubio, mike pence, jeb bush, and soon to be former senator from south carolina jim demint. joining me now, our end of the year gaggle, crystal lizza, perry bacon, stephanie cutter was the deputy campaign manager for obama's campaign, and madden was a senior adviser for romney's campaign. hello. happy new year, although we asked all of you to pick, i threw out my dozen and i asked you to pick two you were going to feedback. we're not going to do the 2016 conversation now, but we'll do it in a few minutes. who are the few who jumped out at you? >> i'm a little nierdy, so i picked michael bennet, the colorado senator, because he's the head of the committee which means he's tasked with trying to again keep a democratic senate majority, going to be difficult. you have 20 democratic seats up, only 10 republican seats up. >> and he wants to be senate majority leader some
on the democratic side, vice president biden, secretary of state, hillary clinton, bennett, jerry brown, elizabeth warren, and angus king who is an independent but will caucus with the democratics on the republican side. marco rubio, mike pence, jeb bush, and soon to be former senator from south carolina jim demint. joining me now, our end of the year gaggle, crystal lizza, perry bacon, stephanie cutter was the deputy campaign manager for obama's campaign, and madden was a senior adviser for...
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Dec 30, 2012
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never received a response to a republican offer last night and is reaching out to vice president joe biden to kickstart negotiations with the white house at this point. the senator saying fail to go solved the crisis is simply not an option. >> the consequences of this are too high for american people to be engaged in a political messaging campaign. there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the courage to close the deal. i want everyone to know i'm willing to get this done. but i need a dance partner. >> a dance partner. meanwhile democrats being led by senate majority leader harry reid who says he's cautiously optimistic about reaching a deal but warns there's not much more negotiating that can be done on his end. >> i don't have a counter offer to make. perhaps the day wears on, i will ble to. i will say that i think that the republican leader has shown good faith. it's just we're apart on pretty big issues. >> that was earlier. let's get the latest now because it's changing minute-by-minute.
never received a response to a republican offer last night and is reaching out to vice president joe biden to kickstart negotiations with the white house at this point. the senator saying fail to go solved the crisis is simply not an option. >> the consequences of this are too high for american people to be engaged in a political messaging campaign. there's no single issue that remains an impossible sticking point. the sticking point appears to be a willingness and interest or frankly the...
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i do think that joe biden is formidable. he really was our secret weapon out there. >> eleven -- >> ohio, iowa, wisconsin. he lived in those states. >> i'm not betting on andy cuomo over joe biden, a sitting vice president. i know that the rest of this -- >> i would. i would definitely -- >> i'm just saying. >> that's the same argument we made for hillary clinton. well, she's going to have the money. she's got the establishment and all good people around her. andrew cuomo does not come into that race as formidable as hillary clinton looked in 2007. >> what about a republican? how do you prevent a republican primary picture that you guys had, which i think a lot of you folks and romney believe the -- >> look, i think the debates, actually, were -- became a bit of a side show there, and if you looked at the volatility of the electorate at the time and how the -- and how the numbers went up and down based on debate performances and the side show that they became, i think that was something that had a very big effect. i think th
i do think that joe biden is formidable. he really was our secret weapon out there. >> eleven -- >> ohio, iowa, wisconsin. he lived in those states. >> i'm not betting on andy cuomo over joe biden, a sitting vice president. i know that the rest of this -- >> i would. i would definitely -- >> i'm just saying. >> that's the same argument we made for hillary clinton. well, she's going to have the money. she's got the establishment and all good people around her....
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. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax for social security. it is going up 2% starting tomorrow and that means if you earn $100,000 a year, you'll pay an extra $2,000 next year out of your paycheck. so it is possible but not probable that the senate will voted. the house is scheduled to reconvene tomorrow at noon so we are definitely going over the "fiscal cliff."
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in...
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vice president biden, mcconnell, said to be about $100,000 apart with biden willing to preserve tax cuts for families making up $450,000 and mack connell wanting to go to 550,000. south dakota senator john thune is too on miss tick but his focus is different than senator bocker's. >> i certainly hope the negotiations occurring right now can conclude in a way that will give us an outcome that prevents those tax rates from increasing on americans across this country and also put in place some things that would actually deal with the real problem, and the real problem, mr. president, is that our country spends too much. >> reporter: democratic senator tom harkin of iowa says republicans are trying to lock if had income and estate tax rates and some permanent spending cuts in exchange for temporary hikes in unemployment insurance and other things. and he objects to that. still aways to go, uma. uma: still aways to go indeed. wendell goler on the front lines right at the white house keeping tab on all the happenings from that vantage point. thanks so much for joining us. jon: let's bring in j
vice president biden, mcconnell, said to be about $100,000 apart with biden willing to preserve tax cuts for families making up $450,000 and mack connell wanting to go to 550,000. south dakota senator john thune is too on miss tick but his focus is different than senator bocker's. >> i certainly hope the negotiations occurring right now can conclude in a way that will give us an outcome that prevents those tax rates from increasing on americans across this country and also put in place...
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Dec 28, 2012
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president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version of the fiscal cliff agreement that the president and spe speaker boehner had been discussing weeks ago and then senator mcconnell would agree that no republicans would block it in any way if he can promise that. he argues that he can't really make that promise but if e he could then speaker boehner would promise to bring it to a vote on the floor. all sides would shake hands and we'd have a deal before new year's. that seems highly unlikely. but that's what all sides are pushing for today. >> i think we can all agree that tax rates are the biggest sticking point. so what speci
president obama and vice president biden are sitting down with house leaders. the guest list includes harry reid, who this time yesterday said he didn't see any way the fiscal cliff could be avoided. whatever the case, our chief white house correspondent jessica yellin will be watching. what can we really expect to come out of this meeting this afternoon? >> well, alina, we're not sure what really will come out of it. the ideal scenario would be if all sides agree to a scaled-down version...
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Dec 30, 2012
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joe biden is working on a plan and it will take a lot of blocking and tackling and it won't happen in a year. >> i think there is some possibility of keeping the guns out of the hand of mentally ill is some place you can find a compromise. an assault weapons ban is much harder especially as senator feinstein is going to impose a broader definition of what an assault weapon is. it was hard enough to get that through in '94, when the definition is pretty squirrelly. if you tighten that up, it will be nigh on impossible. >> o'donnell: president obama is going to have a big change in his cabinet, most likely, in 2013. if you look at the big four-- justice department, treasury, defense, and state. all of those are likely leaving at some point in the next year. is that, michael, a concern at all for president obama that there could be that many top people, especially in national security roles-- that are moving on and you'll have new there? >> it's usually disrupting to have to find replacements and in this environment try to get them confirmed. i think some folks are not leaving because it
joe biden is working on a plan and it will take a lot of blocking and tackling and it won't happen in a year. >> i think there is some possibility of keeping the guns out of the hand of mentally ill is some place you can find a compromise. an assault weapons ban is much harder especially as senator feinstein is going to impose a broader definition of what an assault weapon is. it was hard enough to get that through in '94, when the definition is pretty squirrelly. if you tighten that up,...
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vice president joe biden is now involved in the negotiations, but senate republicans and democratic leaders remain at odds over key issues such as higher tax rates and the inheritance tax. >>> thousands turned out all across india to remember the woman who died during a gang rape. they promised to keep fighting against rape and sex-related crimes. they're also demanding the six men accused face the death penalty. her body was cremated yesterday. >>> here in new york, a woman accused of pushing a man to his death on the subway tracks is being charged with a hate crime. the 31-year-old told police she shoved the man because she thought he was muslim and laughed so hard during her arraignment the judge ordered her to stop. she's undergoing a psychiatric examination and held without bail. >>> in southern california a day of fun on a frozen lake turned into a dangerous rescue effort as one man fell on the ice. carter evans has the story. it was all caught on tape. >> reporter: it was a rare christmas experience in the mountains above los angeles. fresh snow and ice for people who rarely see it.
vice president joe biden is now involved in the negotiations, but senate republicans and democratic leaders remain at odds over key issues such as higher tax rates and the inheritance tax. >>> thousands turned out all across india to remember the woman who died during a gang rape. they promised to keep fighting against rape and sex-related crimes. they're also demanding the six men accused face the death penalty. her body was cremated yesterday. >>> here in new york, a woman...
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Dec 31, 2012
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vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal. one major stumbling block has been overcome. republicans have dropped their demand to reduce social security, cost of living increases. you will know that as the chain cpi. >> and the public has taken their demand for social security benefits off the table. the truth is they never should have been on the table to begin with. significant distance between the two sides, but negotiations continue. >> the consequences of this are too hot for the american people to be engaged, in a political messaging campaign. i'm interested in getting a result here. >> we followed th
vice president joe biden and senate minority leader mitch mcconnell. working behind the scenes as they have successfully done in the past. the senate went home last night and they are going to get in this morning at the bright hour of 11:00 a.m. eastern. i don't understand how that works. we are not seeing any evidence of progress in either chamber, but as i said, mcconnell and biden are talking. that's important. these two guys have a long history together, and have an ability to cut a deal....
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Jan 1, 2013
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. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax forestial security. it is going up 2 points starting tomorrow. and that means if you earn $100,000 a year, you will pay an extra $2,000 next year out of your paycheck. now, we're still baiting to hear details on the deal between the white house and the gop but what we do know is that we get a little bit of a reprieve because t
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that...
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knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football before he got into the end zone. when the president had obnoxious pep rally before the agreement was reached. joe biden stepped in. he spent many decades in the chamber. he has personal relationship with mitch mcconnell. depends how you view the deal. if you think mcconnell did the right thing he
knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he...
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Dec 31, 2012
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biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john talked about, about some optimism last night, see some snippets of it in some of the news coverage overnight, is essentially some deal to increase taxes, to put off sequestration cuts, and to add some additional spending in the form of extending unemployment benefits. so you're talking about bringing to the house floor a bill to raise taxes, and increase spending, and put up -- >> they say forget about it with boehner. >> i just don't see it in this context. and you know, if people aren't -- >> -- thought that we would -- >> we've been saying this for awhile. >> and i also want to
biden used to say this this congress ain't your grandfather's congress. when guys like that used to get to the and work out deals, and it was mostly guys, the caucuses would kind of fall in line behind them. not exactly the case today. especially in the house. >> especially in the house. if they work out a deal, that's my question, can they possibly work out a deal that satisfies the house? >> i don't see it. look, i mean the deal that we're talking about, and i think that john...
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Jan 1, 2013
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i particularly want to thank leader mcconnell and vice president biden for working numerous hours starting again yesterday morning at 6:45 and winding up with something late last night, more than 12 hours later, over the last two issues, as i understand it. and, yes, i'm glad that a.m.t. was fixed. i would remind everybody that a.m.t. is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a fix. now we're talking about taxing the rich again. i hope that we can come up with some collective ways that will be certain that the people are rich and that it will last over time instead of just for a few short years. in my area of the world, the biggest thing in that bill was the estate taxes. people in own land in wyoming that they bought maybe at $40 an acre now have land that's worth $2,000 an acre or more, and they haven't figured out how to pay the taxes on these few acres that they were able to scrape together over a period of time if the amount of exemption went down to a million dollars.
i particularly want to thank leader mcconnell and vice president biden for working numerous hours starting again yesterday morning at 6:45 and winding up with something late last night, more than 12 hours later, over the last two issues, as i understand it. and, yes, i'm glad that a.m.t. was fixed. i would remind everybody that a.m.t. is the last effort that we had to tax the rich and it's backfired to where it now taxes everybody, or almost everybody. and so it desperately needed -- needed a...
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Dec 27, 2012
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we also know as you see him arriving only a matter of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hours until we reach this deadline. luke? >> absolutely unbelievable. at least bo obama came back with the president there. thanks so much for being on the show. we appreciate it. >>> we're five days away and john boehner has released the house telling the senate it's up to them to come up with a deal that his chamber will pass. paul contain, chris frazier, they both join me now. paul, i want to start with you. one thing that we all seem to be hearing is that -- and the markets start to tank, it will spur these guys to figure out some sort of deal. >> dow jones had a three-month chart that showed where the dow has been. we see there, went down, up, now it's steadily going down towards since plan b failed. do you think that's the only hope of getting a deal. >> it's not the only hope, but it has been sort of a missing actor for the last five or six week. that when it started going bac
we also know as you see him arriving only a matter of hours ago that the vice president, joe biden, has been meeting in the white house, as well. but at this point, that's where things stand with barely 100 hours until we reach this deadline. luke? >> absolutely unbelievable. at least bo obama came back with the president there. thanks so much for being on the show. we appreciate it. >>> we're five days away and john boehner has released the house telling the senate it's up to...
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Dec 31, 2012
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biden stowed have given up his push to raise the estate tax. democrats are trying to delay spending cuts until 2015 and republicans are demanding more spending cuts to offset extended unemployment benefits and farm subsidies. lot of ground to make up. but mcconnell says his decision to reach out to biden was a good one. >> the vice president and i worked together on solutions before and i believe we can again. i want my colleagues to know that we'll keep everyone updated, the consequences of this are too high for the american people to be engaged in a political mess. i'm interested in getting a result here. >> there is no indication when the talks will resume today and neither biden nor mcconnell is predicting an agreement before midnight. but the conventional wisdom is that there is no great harm in going a few days into the new year, as long as the markets don't tank and it might even be politically easier to reach a deal after that. clayton, dave? >> juliet: thanks, we appreciate it. at issue, try to get information out of these closed door
biden stowed have given up his push to raise the estate tax. democrats are trying to delay spending cuts until 2015 and republicans are demanding more spending cuts to offset extended unemployment benefits and farm subsidies. lot of ground to make up. but mcconnell says his decision to reach out to biden was a good one. >> the vice president and i worked together on solutions before and i believe we can again. i want my colleagues to know that we'll keep everyone updated, the consequences...
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Dec 31, 2012
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and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that. john harwood in washington. lawmakers, as john say, continue talks this morning as we inch closer to the cliff itself. what role is the no-tax pledge playing in the negotiations. founder of americans for tax reform joins us this morning not too far from where john is sitting. grover, good morning. >> good morning. good to be with you. >> you've been quoted as saying that rates will not increase. that kind of flies in the face with what john just told us. what's true? >> well, two things. earlier, my point was that as long as these negotiations were conducted with c-span cameras there, and
and joe biden as noted in the introduction, has been in the senate for three decades. he has a unique ability to work with mitch mcconnell, his longtime colleague to try to close this deal. that doesn't mean they can do it, but it's a sign that things are getting close to the end zone if those two were talking all night. the report i got early this morning at 6:00 a.m. is that their talks had been good, constructive and continued very late into the night. >> thank you, john, for that....
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Jan 1, 2013
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. >> reporter: vice president joe biden in a visit to the capitol monday night maybing the pact he negotiated with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predicts. >> having been in the senate as long as i have, there are two things you shouldn't do. you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money. and number two, you surely shouldn't predict how the how is going to vote. i feel very, very good. >> reporter: if passed by the house, the deal would stop most tax increases and spending cuts aimed at the pentagon and domestic programs that were set to take effect today. >> i've said all along our most important priority was to protect the middle class families. this legislation does that. middle class families will wake up today to the assurance that their taxes won't go up. >> reporter: democratic senator tom harkin suggested the selection missed the mark. >> it does not address the number one priority, creating good middle class jobs
. >> reporter: vice president joe biden in a visit to the capitol monday night maybing the pact he negotiated with senate minority leader mitch mcconnell. prior to the vote, the vice president said he felt confident about the deal but stayed away from making any predicts. >> having been in the senate as long as i have, there are two things you shouldn't do. you shouldn't predict how the senate is going to vote before they vote. you won't make a lot of money. and number two, you...
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Dec 31, 2012
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senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differences. it appeared to have been movement on the cost of living increases for social security recipients. opposition to the white house's proposed rate of increase was dropped but the common ground is even shaky. the fierce disagreement over whether the bush era tax cut with the top income earners should be allowed to expire while middle income earners would see tax relief. the sticking point is over where the income line should be separating those who should continue to see the tax cuts from those who would see them go away. it's about slowing spending and deficit reduction. >> make no mistake. there will be real damage. we'll be squeezing people who deserve better. we'll scramble to find budget reductions in a way that sense. sometime in hours, days, weeks ahead. we will get a semi-balanced smal
senate minority leader mitch mcconnell and joe biden kept in place to avoid $200 billion in tax increases. broad stroke spending cuts and domestic and defense spending. they would take effect gradually over a period beginning at midnight if the white house and congress can't reconcile their differences. it appeared to have been movement on the cost of living increases for social security recipients. opposition to the white house's proposed rate of increase was dropped but the common ground is...
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Dec 27, 2012
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lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us. lee, on this news it seems as if the market is getting its hopes up. personally i feel i will believe it when i see it. would you agree? >> yeah. you should wait until this is actually the ink is dried. here's one thing that's really changed in sentiment over the last week, mandy. last week everybody was talking about having this deal baked into the bryce price. now all of a sudden, as if some miracles happened, traders are actually talking about buying more puts and putting on more hedges. i can tell investors out there that it doesn't matter if december 31st we have a deal or if it goes a few weeks in january. all we need to know sunday night, monday morning is that they are working on a deal, and they are still at table. outside of that everything is just noise. >> jared, you know washington very, very well. we've been trying to read
lee munson and jared bernstein, cnbc contributor and former chief economist under vice president joe biden. we'll hopefully get andrew in a second, and we also have rick santelli who joins us as always at this time. gentlemen, fantastic to have you with us. lee, on this news it seems as if the market is getting its hopes up. personally i feel i will believe it when i see it. would you agree? >> yeah. you should wait until this is actually the ink is dried. here's one thing that's really...
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congressional leaders and vice president biden are struggling to avoid the fiscal cliff. those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. >> reporter: good morning to you, norah. they have appeared to move closer to one another. democrats have come way up from the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's insistence that that limit be set at a million dollars. and so if there's a deal today, and that's a big "if," you can expect it would be set around $400,000, $500,000, $600,000 a year, so certainly 90, 95% of americans would be keeping their tax cut. one of the biggest sticking points for the republicans right now appears that this deal doesn't include significant spending cuts. in fact, it contain as lot of new spending and so that is one major issue that's going to have to be ironed out. and if they don't get an agreement today by the deadline, the big question, norah, is do the two sides conti
congressional leaders and vice president biden are struggling to avoid the fiscal cliff. those negotiations continue this morning. nancy cordes is on capitol hill. nancy, good morning. >> reporter: good morning to you, norah. they have appeared to move closer to one another. democrats have come way up from the president's longstanding position that the bush tax cuts should expire for all household income over $250,000 a year. republicans have come way down from speaker boehner's...
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Dec 27, 2012
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meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of days. this has been going on for years. they cannot cross over the threshold that has been built by grover for vist. people who are rich who make a lot of money, her not opposing raising taxes on them. the only people in america who don't think taxes should be raised on the rich are the republicans who work in this building. any time bhth speaker and the republican leader come to the president and say we've got a deal for you. the president's door is always own, and mine is, too. >> the senate is back in session today and a lot of looking backwards, not necessarily looking forwards
meetings with vice president biden and cantor. cantor walked out of those meetings. he's the majority leader in the house. the gang of six, the gang of eight. we had this super committee, and they were doing good things, good things, dealing with entitlements and revenues, and a week before they would report by virtue of statute i get a letter signed by every republican too, bad about the super committee, we're not going to do anything with revenues, so this is not a capsule of a couple of...
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at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >> house is the wild card in the whole thing. >> do you do anything to set yourself up for the other side? >> no. >> that's what people will be thinking as they watch this network. >> my strategy remains, stay with the quality companies. use the dips to buy them. don't try and hit bottoms but don't buy an expectation af nounsments. you know it is not a very, very broad agreement. i think the mark goes up. i don't think there is a big sell-off. but i think is rest. >> bk, are you looking at the same moving goal that i am? a move of a one and a third percent? and that's a spike. and i'm curious to know why this is happenin
at least closer to some kind of agreement as vice president biden and mitch mcconnell have been speaking for the last several hours, maybe 12, 24 hours or so. at least those two gentlemen seem to be moving the ball forward or the mark set anticipating that. what can we -- the president comes out and makes a positive comment, okay, that we either have a deal in principle. there are still a lot of variables to take into consideration. >> yes. >> the house is the wild card. >>...
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a deal crafted by vice president joe biden and minority leader mitch mcconnell passed the senate by a margin of 89-8. that vote wrapped up after 2:00 a.m. eastern time. the house takes up this plan later on this morning. no telling on how that will turn out if the house approves, the deal will estimate a generated $600 billion over the next ten years this is how senate leaders of both sides of the aisle are assessing the measure. >> i have said all along, the most important priority is protecting middle class families. >> this suhouldn't be the model for how we do things. but we can say we've done some good for the country. >> bush era tax cuts will remain in place for individuals earning less than 400,000, couples earning less than 450,000. unemployment benefits for 2 million americans would be extended for a year. the alternative minimum tax permanently adjusted for inflation. and when it comes to spending cuts, lawmakers decided to kick that can down the road for two mont more months. we can expect more finger pointing and fighting to start the new year. brianna keel ar, with us al
a deal crafted by vice president joe biden and minority leader mitch mcconnell passed the senate by a margin of 89-8. that vote wrapped up after 2:00 a.m. eastern time. the house takes up this plan later on this morning. no telling on how that will turn out if the house approves, the deal will estimate a generated $600 billion over the next ten years this is how senate leaders of both sides of the aisle are assessing the measure. >> i have said all along, the most important priority is...
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Dec 26, 2012
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say we are working through the weekends and training mcconnell and biden on the phone and the president involved. really to take christmas off facing the fiscal cliff in a week shows how little optimism there is. >> i completely agree. we spent many late nights in the capital and is it doesn't seem like that is going to happen. >> amazing that they washed their hands of it. thank you so much for coming. check out shark week. the best drummer on capitol hill. next, president bush forced to spend christmas in the hospital. after suffering setbacks in his recovery, we will have the latest on his condition. new details about the christmas eve ambush of firefighters. what the gunman's final words were. today's trivia question, before bernie sanders, who was the last self-identified socialist to serve in congress? the first correct answer will get a file wednesday from us. [ male announcer ] how do you measure happiness? by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's
say we are working through the weekends and training mcconnell and biden on the phone and the president involved. really to take christmas off facing the fiscal cliff in a week shows how little optimism there is. >> i completely agree. we spent many late nights in the capital and is it doesn't seem like that is going to happen. >> amazing that they washed their hands of it. thank you so much for coming. check out shark week. the best drummer on capitol hill. next, president bush...
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when there is a crisis, vice president biden calls. his calls seem to have less influence as time has gone on. host: let's go to lincoln on the republican line. caller: i get in contact with many people are around the world. i have a few friends in egypt and kuwait. i am more worried about my friend in kuwait. is there a possibility iraq might reinvade kuwait anytime soon? guest: no. host: what are the current relationships? guest: understand the question because there are still issues. military lacks the capacity to do anything like that. iraq has no air force. that is one reason is so easy for the iranians to fly through their territory. there was an operation in 2008 in basrah that maliki commanded. the united states military had not provided a lot of support and advisers, he probably would have failed. i do not think maliki has any reason to focus on kuwait. his big concern is syria. he is worried the fall of assad will embolden sunnis and kurds in syrian and iraq and that the correlation of forces will turn against him. that is hi
when there is a crisis, vice president biden calls. his calls seem to have less influence as time has gone on. host: let's go to lincoln on the republican line. caller: i get in contact with many people are around the world. i have a few friends in egypt and kuwait. i am more worried about my friend in kuwait. is there a possibility iraq might reinvade kuwait anytime soon? guest: no. host: what are the current relationships? guest: understand the question because there are still issues....
791
791
Dec 31, 2012
12/12
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KPIX
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mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the fiscal cliff. >> major garrett, thank you. senator is live on capitol hill. >> thanks for having me. >> if there's a deal today, why would you vote to extend tax cuts if there are no new spending cuts? >> that's the exact thing. the real problem is the spending. if you want to raise taxes -- and the president promised in the campaign he wanted to do that -- it's to pay down on the deficit. there's no evidence of any of that. that's a major sticking point. the democrats are divided on tax rates, on the death tax, on taxes on small business and the republicans are holding firm that y
mcconnell and biden get along much better than mcconnell does with president obama. in the last 24 hours, the administration has given ground on raising threshold for income tax rates and estate tax rates, but also demanded much more in new government spending the republicans are comfortable with. it's that division between spending and taxes that continues to divide both sides, and that is the one thing that may prevent a deal from being achieved in the final hours as we get nearer to the...
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94
Dec 28, 2012
12/12
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CSPAN
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senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of erskine bowles and alan simpson. about three weeks ago or four weeks ago, they met with the president and members of congress and discuss their feelings afterwards with the press. erskine bowles said he felt there was a third of a chance that there would be a deal and a third of a chance no deal and a third there would be no deal until after we went past the january 1 deadline. i bet my co-worker the $5 that we were going over because i am thinking if you cannot get a deal for to the house on $1 million and above, to the tax policy center released a report about that abo
senator daniel in a the swearing-in took place yesterday with joe biden. brian schatz becomes the senior senator with the new congress being formed on january the third. on the independent line -- jack on the independent line. caller: good morning. i bet a co-worker that we are going over the fiscal cliff. it is more of a slope than a cliff. it would be a year of complete in activity before we would see the real bite of everything, all of the doom that is being forecasted. i am reminded of...